Hi all - Sorry about the ridiculously long post. My close buddy is going through a situation where he's either going to have to walk away from his home, or to pay a $10,000 a month mortgage for a few years to get caug...

Hello,I have a flipper business associate that I loan money for rehab projects in Portland Oregon.  He uses a business loan to purchase the property (historically 50-60 cents to the dollar for selling price) and I loa...

In March of this year we purchased a non-performing 2nd deed of trust in the Silicon Valley area of CA.  We attempted to work out a loan modification with the borrowers but ultimately needed to foreclose as they were ...

I had a very poor experience with Phoenix Home Buyers Club (www.phxhbc.com), and I wish to share it with others. Don't be fooled. Phoenix Homebuyers Club is *exactly* like the other homebuying companies out there. D...

Is leaving a 5 day notice posted on the tenants door a legal delivery of a 5 day notice in Illinois? I would prefer to hand deliver but the tenant refuses to answer their door.The official form I downloaded from the c...

Hello, I would love your take on an issue I encountered: Long story short last year my prior tenant asked me to reduce the rent from $2,200 to $1,800 and offered to do gardening and snow removal for the property. I in...

I have a tenant in Minnesota that has given 30-days notice.  He informed me on August 8th that he'll be out of the house on Sept 15th because he bought a house.  He is in a lease that goes until April 2018.  Even if h...

I am looking to see what people are using for processes on screening tenants. Meaning what forms/communication do you use and when to screen a potential tenant and the paperwork to get to rented. I'm sure the process ...

I would like to start off by saying thank you all for providing such a wealth of knowledge on this site and via the podcast. This is my first post and it definitely will not be my last. A couple months ago i was direc...

I have this Subject to off market deal in Houston, tx: Seller's Motivation: Needs to move to smaller house close to work place.ARV: $185,000Repair: $5,000pending Mortgage: $135,000Seller currently lives in property an...